07.12.2023, GENEVA: Taurus SA, Europe’s leading institutional-grade digital asset infrastructure provider, today announces the expansion of its operations with a new office in Frankfurt, Germany, continuing its international growth and reinforcing its technology leadership in Europe.
The expansion aligns with increased demand for digital asset custody and tokenization in Germany from financial institutions and corporations, as well as regulatory framework clarification from Bafin, Germany’s financial regulator. This includes the eWPG “Electronic Securities Act”, facilitating tokenized securities adoption, and crypto registrar providing a framework for digital assets custody services.
Leading the new office in Frankfurt is Andreas Beller. Beller brings extensive experience in the financial sector gained at Commerzbank and Deutsche Bank. His expertise spans trading, go-to-market strategy, and implementing cutting-edge technology as a white-label solution for financial institutions.
“Digital assets are gaining traction across Europe, and Germany leads the way,” said Beller. “We’re tremendously excited by the prospect of working with forward-thinking financial institutions and corporations to bring new services to market, enabled by Taurus' custody and tokenization technology.”
Recently, Taurus announced a partnership with Deutsche Bank, allowing the financial institution to extend custody services to its institutional clients.
Today, Taurus has already consolidated its European leadership position as the preferred digital asset infrastructure provider for banks and corporates, building on its Swiss market leadership with more than 60% market share.
To meet the growing demands of diverse markets, Taurus has recently inaugurated new offices in key financial hubs, including London, Paris, and Dubai, strengthening its presence on an international scale.
About Taurus SA
Taurus SA is a Swiss FinTech, founded in April 2018, that provides enterprise-grade digital asset infrastructure to issue, custody, and trade any digital assets, including cryptocurrencies, tokenized assets, NFTs, and digital currencies. Taurus is a global leader in the banking segment, entrusted by the full spectrum of financial institutions: systemic banks, universal banks, online banks, crypto-banks, private banks, and broker-dealers. Taurus also operates a marketplace for private assets and tokenized securities. Taurus SA is a securities firm supervised and regulated by FINMA. TDX is an organized trading facility operated by Taurus.
About Taurus’ platform and products
Depending on their business model, strategy, and risk tolerance, Taurus' clients can seamlessly manage NFTs, cryptocurrencies, including staking, digitize and tokenize any type of asset on any standard end-to-end, and process digital currencies of their choice. Taurus’ product portfolio is composed of Taurus-PROTECT™, the leading secure storage solution in Europe which is currently used by more than 25 financial institutions and corporations. Taurus-CAPITAL™ allows clients to issue and manage NFTs and tokenized assets on public and private blockchains, as well as interact with any smart contract. The regulated marketplace for digital assets, TDX™, is connected to Taurus-PROTECT™ and Taurus-CAPITAL™. All products leverage Taurus’ blockchain node infrastructure, Taurus-EXPLORER™, which provides a unified API and reliable broadcasting algorithms to interface securely with over 15 blockchain networks. For more information, please visit: https://www.taurushq.com